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Exide Industries expects to regain pre-covid margin in 1-2 years, ET Auto

Exide Industries plans to regain its pre-pandemic EBITDA margin of 13-14% within the next one to two years after its current margin reached 10.6%. CEO Subir Chakraborty anticipates a turnaround in both the automotive and industrial sectors, but input costs have remained inconsistent. Chakraborty also indicated the company s INR 6,000 crore lithium-ion cell manufacturing plant near Bangalore is advancing as planned, with commercial production to start in 2024-25.

Exide Industries expects to regain pre-covid margin in 1-2 years

exide industries: Exide Industries expects to regain pre-covid margin in 1-2 years

Exide Industries plans to regain its pre-pandemic EBITDA margin of 13-14% within the next one to two years after its current margin reached 10.6%. CEO Subir Chakraborty anticipates a turnaround in both the automotive and industrial sectors, but input costs have remained inconsistent. Chakraborty also indicated the company s Rs 6,000 crore lithium-ion cell manufacturing plant near Bangalore is advancing as planned, with commercial production to start in 2024-25.

India s Exide Industries misses Q1 profit view on higher costs

Indian lead-acid battery maker Exide Industries reported a smaller-than-expected rise in first-quarterly profit on Friday, hurt by high raw material costs and rising expenses..

Exide Industries Q1 net profit up 7 per cent - The Hindu BusinessLine

Exide Industries Q1 net profit up 7 per cent - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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